https://www.taxtmi.com/caselaws?id=64745 The Tribunal dismissed both appeals, affirming the Commissioner of Income Tax's decision to set aside the assessments for the assessment years 1980-81 and 1981-82. The Commissioner found the assessments erroneous and prejudicial to Revenue due to the lack of proper inquiries by the Income Tax Officer. The Commissioner directed the Officer to reframe the assessments after obtaining necessary information from the assessee. The Tribunal upheld this decision, emphasizing the importance of conducting thorough inquiries to ensure accurate assessments. en-us Mon, 22 May 1989 00:00:00 +0530 Wed, 09 Feb 2011 16:05:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64745 The Tribunal dismissed both appeals, affirming the Commissioner of Income Tax's decision to set aside the assessments for the assessment years 1980-81 and 1981-82. The Commissioner found the assessments erroneous and prejudicial to Revenue due to the lack of proper inquiries by the Income Tax Officer. The Commissioner directed the Officer to reframe the assessments after obtaining necessary information from the assessee. The Tribunal upheld this decision, emphasizing the importance of conducting thorough inquiries to ensure accurate assessments. Case-Laws Income Tax Mon, 22 May 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64745